What Is an Overnight Position? Should You Hold a Day Trading Position Overnight?
Day traders generally only buy and sell stocks, currencies or futures during the entire trading session of the day.
Why Does Technical Analysis Work in Forex?
In addition to fundamental analysis, technical analysis is also a main approach to speculating or investing in the Forex markets.
Food union seeks government’s intervention on forex scarcity
The Food Beverage and Tobacco Senior Staff Association (FOBTOB) has lamented that employers in the sector are finding it difficult to import raw materials for production due to unavailability of foreign exchange (forex).
A Warning From CNMV: Beware of Illegitimate FX Broker CMX Markets
CMX Markets is an illegitimate broker operating in Republic of Moldova and the website claims it is an ECN/STP broker, offering traders a wide range of trading assets including forex pairs and CFDs.
Scam Alert: Be Careful of the Warned FX Broker First BTC FX
Forex scams are widely known for the financial miseries they bring to the affectees. Traders lose thousands of dollars to scam despite increased regulatory checks.
BlackBull Markets Partners With TradingView
BlackBull Markets, a New Zealand based leading multi-asset broker, has partnered with TradingView, the world’s most popular charting and social trading platform.
tixee – One of The Best Social Trading Platforms!
The concept of social trading has been around for several years. So far, just a few have catered to this exciting movement. tixee is proving itself as one of the best social trading platforms. Find out why!
OctaFX’s Report Sheds Light on the State of the Forex Industry in Nigeria
Across the world, the rising interest in the Forex market trading has evolved to become a significant driver in the financial sector. Nigeria is no exception to this.
Marketmind: Inflation – the only game in town
A look at the day ahead in European and global markets from Anshuman DagaWith just a week to go before the European Central Bank (ECB) meets, inflation data takes centre stage for investors.
Dollar sags below 20-year peak as euro lifted by ECB bets
The dollar languished on Tuesday after being beaten back from a two-decade high versus major peers by a reinvigorated euro.
Gold Technical Analysis: Price is Heading Towards Buying
Gold futures snapped a three-session winning streak on Friday, despite a weaker dollar. Investors are watching developments at the annual Jackson Hole Economic Symposium, expecting the event to provide guidance on monetary policy. The price of the yellow metal has struggled to maintain any momentum after surpassing $1,800 earlier this month. The price of gold tried to recover but its gains stopped towards the resistance level of $1765 per ounce before collapsing towards the support level of $1734 per ounce following Jerome Powell's statements.
Cryptoverse: Bleeding bitcoin’s holding out for a hero
The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time since its June collapse, only to relapse towards $20,000.
Morgan Stanley orders internal lawyer to supervise block trading desk- FT
Morgan Stanley has appointed an internal lawyer to shadow a unit of the bank subject to a federal probe into block trading, the Financial Times reported on Tuesday, citing people briefed on the arrangement.
Ex-ThinkMarkets Executive Marcelo Spina Has Been Appointed Group CEO of EUROTRADER
Eurotrader, a multi-asset retail broker, has named Marcelo Spina as its new Group Chief Executive Officer. Spina was formerly the Global Head of Business Development at ThinkMarkets.
WIKIFX Alert: A Warning By CNMV To Illegitimate FX Brokers CMX Markets
The website says that CMX Markets is an ECN/STP broker, giving traders a broad selection of trading assets, including FX pairs and CFDs. It lists its benefits as follows: cutting-edge technology, exceptional customer service, worldwide market financial instruments, and attractive promotions.
WikiFX Alert: 6 Unlicensed Brokers Warned by CySEC in August 2022!!!
In August 2022, the Cyprus Securities and Exchange Commission (CySEC) issued an updated warning about unregulated entities!
WikiFX Review: Why does GSM catch many traders’ attention recently?
Recently GSM has become a trending topic in forex markets. What is the relationship between GSM and WinterSnow Limited? WikiFX made a comprehension review on it to help you better understand this broker. we will analyze the reliability of this broker from specific information, regulation, exposure and etc. Let’s get into it.
Forex Broker Killer: Is it a Scam?
DJ Coach Tsekeleke has received several positive reviews. However, it is difficult to discover a research that does not appear to be staged. The majority of the reviews are fraudulent and untrustworthy, according to traders.
All The Thing You Need to Trade Forex in South Africa!
You need to know that South Africa is the second significant economy globally, having 60 million people from which over 200,000 people are involved in Forex trading. When we talk about forex trading, then the one thing that everyone should know is that the more strategies you know then, the more probabilities you have of making a good profit consistently.
South Africa's Inflation rate attains 13 years high
The inflation rate in South Africa attained 13 years high in July 2022, with the rate jumping to 7.8 percent YoY against the previous record of 7.4 percent recorded in June. This marked the third month of consecutive increase in the South African inflation rate. At present, South Africa is currently facing the highest inflation level ever since 2009.
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